capitalism

Out of context: Reply #445

  • Started
  • Last post
  • 458 Responses
  • ukit20

    Capitalism vs. Democracy

    Thomas Piketty’s new book, “Capital in the Twenty-First Century,” described by one French newspaper as a “a political and theoretical bulldozer,” defies left and right orthodoxy by arguing that worsening inequality is an inevitable outcome of free market capitalism.

    http://www.nytimes.com/2014/01/2…

    • free market? where?
      how does the book define free market? just curious. n is it a good read?
      yurimon
    • The freest markets are probably in developing world economies that lack infrastructure and regulationukit2
    • And maybe certain Asian economies like Hong Kong, Singapore, etcukit2
    • So do you think there is more equality in those countries than in the Western world?ukit2

View thread